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Gold on Buy Hey bulls we have seen some volume entering the game now, gold is on its way to 1900 $ on the volume indicator, I see some banks and big financial institutions put some liquidity to the market, XAUUSD is about to reach 1900 -1910 resistance area, the US retail sales MM previous was 0.8, the forecasting is 1.4 the actual is 1.7 The broad-based gain in spending highlights how elevated savings and rising wages have helped Americans sustain a robust pace of merchandise spending. Though total retail sales are well-above pre-pandemic levels, a recent inflation-driven collapse in consumer sentiment risks a future tempering in demand. Results from Walmart (NYSE: WMT) Inc. and Home Depot Inc. (NYSE: HD) earlier on Tuesday showed households are broadly maintaining robust demand for merchandise even as higher inflation squeezes purchasing power. Comparable sales at Walmart in the latest quarter exceeded forecasts while home-improvement retailer Home Depot reported stronger-than-expected results. I see the market maker tend to safe haven for this period of the pandemic.
FX_IDC:XAUUSDLong
by youssefallax
1
GOLD (XAU) 4 HOURLY NEAR FUTURE PREDICTIONTechnical Analysis Summary XAU/USD From Past we hit the daily tested level at 1869.9 and are starting to hold the level aiming to break the internal trend TREND ANALYSIS We have 2 UPWARD trend in green color The wider the trend the stronger The trends are 1 daily another one more internal FUTURE PREDICTIONS We have many resistanse and support levels that I have mentioned above. I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS). Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
OANDA:XAUUSD
by husseindergham
GOLD UPADTED! FREE ENTRIES + EXITSThe ENTRY/TP zones are all of your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how to play it: How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat. All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
FX:XAUUSD
by ExclusivelyFX
Gold Entries + ExitsZones are pretty tight besides the entries, don't worry, it's all due to the huge drop from XAU this week + last week since it dropped straight through my daily and min 15 zones. Meaning make sure your entries are precise....easy wins! How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
FX:XAUUSD
by ExclusivelyFX
1
XAU (Gold) Entries + Exits!What does this chart remind you of? If you guessed right --> US30 during slow markets with tons of wicking. What happened then for US30? Very very very slow breaks and slow swings. That is the primary reason why the entries are widened, I have an early entry set just in case the market does kick with Gold early week. Don't trade between the b.s, enter before the b.s begins! How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
FX:XAUUSD
by ExclusivelyFX
4